1216 Ramona AveSebringFL33870
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Sebring at 1216 Ramona Ave, Sebring, FL, 33870 priced at $299,000 pairs $2,150/mo rent with $166/mo cash flow after a $1,463/mo payment. Total monthly income equals $2,150/mo, and annual cash flow comes to $1,995/yr on $99,119 invested. Return on cash invested is 21.92% in year one, and rental yield stands at 8.63% on a $299,000 basis. Equity gained on principal adds $1,929/yr, and 5% annual appreciation accumulates to $82,608 by year five. Five-year ROI measures 114.25% and total cumulative return in cash reaches $113,242. For financing, Ziffy Mortgage’s DSCR program evaluates $2,150/mo property income against a $1,463/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33870, Sebring, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,358 (100%) |
| Owner Occupied HU | 7,793 (54.3%) |
| Renter Occupied HU | 3,433 (23.9%) |
| Vacant Housing Units | 3,132 (21.8%) |
| Median Home Value | $166,009 |
| Average Home Value | $206,210 |
Housing Distribution
Address Breakdown
Residential
12,659
Single Family
11,355
Multi-Family
1,304
Businesses
1,365
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